ETS: Study outlines recommendations to strengthen ETS

In a report, commissioned by WWF and Greenpeace, entitled “Strengthening the European Union Emissions Trading Scheme and Raising Climate Ambition: Facts, Measures and Implications”, the Öko-Institut has highlighted a series of recommendations in order to strengthen the ETSi. These include the following proposals:

Setting aside a number of EU emission allowances for a decade or more, or retired at the earliest point in time.

Not creating additional entitlements for the use of external emission reduction credits in the process of tightening the EU ETS cap.

Reflecting the implementation of high impact complementary policies, a long-lasting change in fundamental drivers for baseline emissions or other changes in the regulatory framework by a strictly rule-based and high-threshold provision to lower the cap in the EU ETS.